VPBank Securities JSC Balance Sheet

Financials in millions VND. Fiscal year is January - December.

Millions VND. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2021	FY 2020
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	10,595,758	8,081,765	2,313,063	1,800,246	81,142	25,167
Trading Asset Securities	26,253,724	26,150,363	12,537,605	11,291,352	176,592	-
Accounts Receivable	442,938	850,464	67,695	81,661	982.5	2,155
Other Receivables	37,646,578	35,363,909	9,892,147	7,550,209	310.8	4,302
Property, Plant & Equipment	43,654	43,284	17,596	22,854	13,171	489.91
Other Intangible Assets	7,254	8,227	11,690	8,439	445.6	142.8
Investments in Debt & Equity Securities	3,305,017	2,204,951	1,636,298	1,531,966	-	-
Other Current Assets	124,006	65,670	12,339	12,888	6,746	1,498
Long-Term Deferred Tax Assets	80,673	15,033	651.67	-	-	-
Other Long-Term Assets	251,502	233,411	224,841	215,377	1,029	149.49
Total Assets	78,751,103	73,017,077	26,713,927	22,514,992	280,419	33,904
Accounts Payable	1,561,967	518,198	11,159	6,036	5,139	5.27
Accrued Expenses	106,538	161,846	56,060	58,314	917.42	352.66
Short-Term Debt	42,209,256	37,342,074	9,134,652	5,929,310	-	-
Other Current Liabilities	382,549	430,193	31,098	25,698	1,008	969.49
Long-Term Deferred Tax Liabilities	152,176	145,395	53.15	59.24	-	-
Total Liabilities	44,551,124	39,186,035	9,309,976	6,069,563	7,687	1,327
Common Stock	18,750,000	18,750,000	15,000,000	15,000,000	268,800	56,000
Additional Paid-In Capital	8,870,213	8,870,213	1,440	1,440	1,440	-
Retained Earnings	6,420,255	5,984,722	2,415,604	1,439,924	2,491	-23,424
Comprehensive Income & Other	159,511	226,107	-13,094	4,065	-	-
Shareholders' Equity	34,199,979	33,831,042	17,403,951	16,445,429	272,731	32,576
Total Liabilities & Equity	78,751,103	73,017,077	26,713,927	22,514,992	280,419	33,904
Total Debt	42,209,256	37,342,074	9,134,652	5,929,310	-	-
Net Cash (Debt)	-5,359,774	-3,109,946	5,716,016	7,162,288	257,734	25,167
Net Cash Growth	-	-	-20.19%	2678.94%	924.11%	0.46%
Net Cash Per Share	-3260.02	-2005.97	3810.68	4774.86	21975.78	4493.78
Filing Date Shares Outstanding	1,875	1,875	1,500	1,500	26.88	5.6
Total Common Shares Outstanding	1,875	1,875	1,500	1,500	26.88	5.6
Working Capital	30,664,056	31,471,531	15,512,926	14,666,852	258,086	31,794
Book Value Per Share	18239.99	18043.22	11602.63	10963.53	10146.25	5817.16
Tangible Book Value	34,192,725	33,822,815	17,392,260	16,436,991	272,286	32,433
Tangible Book Value Per Share	18236.12	18038.83	11594.84	10957.90	10129.67	5791.66

Source: S&P Global Market Intelligence. Capital Markets template. Financial Sources.